The state of the #CDFI industry is strong. Over 80% of CDFI respondents described their financial state as "very strong" or "moderately strong," partially due to the influx of new customers seeking #COVID assistance.
The Fed’s 2021 CDFI Survey gathered responses from 345 CDFIs – what did they share? Read our new report to find out: https://bit.ly/CDFIsurvey21
What’s a CDFI? Community Development Financial Institutions have a mission to provide lending to low-income, low-wealth and other disadvantaged communities – and they’ve been particularly critical throughout the COVID-19 pandemic.